Symmetry Partners' Top Q1 2023 Holdings: What You Need to Know

Symmetry Partners, a leading investment management firm, recently filed its 13F report for Q1 2023, detailing its current holdings. The report shows a number of notable changes compared to its Q4 2022 holdings. In this article, we'll take a closer look at Symmetry Partners' top holdings for Q1 2023 and explore some of the reasons behind these changes.

First on the list of changes is Vanguard Small-Cap Value (VBR), one of Symmetry's top holdings in Q4 2022. The firm reduced its shares in VBR by 5%, going from 471,565 shares to 497,669 shares in Q1 2023. The value of Symmetry's holdings in VBR also dropped from $74,885,000 in Q4 2022 to just $78,000 in Q1 2023. Despite this decrease, VBR remains one of Symmetry's top holdings.

Another significant change in Symmetry's holdings is the increase in shares of Vanguard Total International Bond (BNDX). The firm went from holding 1,403,645 shares in Q4 2022 to 1,537,312 shares in Q1 2023, a 9.5% increase. The value of Symmetry's holdings in BNDX also increased from $66,575,000 to $75,000,000. This increase indicates that Symmetry is bullish on international bonds.

JPMorgan BetaBuilders US Agg (JAGG) remained unchanged in terms of the number of shares held by Symmetry Partners, with 1,534,993 shares in both Q4 2022 and Q1 2023. However, the value of Symmetry's holdings in JAGG dropped from $70,287,000 to $72,000,000.

Symmetry also increased its shares in iShares Edge MSCI Min Vol USA (USMV), going from 897,930 shares in Q4 2022 to 926,441 shares in Q1 2023, a 3.2% increase. The value of Symmetry's holdings in USMV also increased from $64,741,000 to $67,000,000. This suggests that Symmetry is bullish on USMV and the concept of minimum volatility investing.

Vanguard Total Stock Market (VTI) and Vanguard Total Bond Market (BND) both saw increases in shares held by Symmetry Partners in Q1 2023. VTI went from 308,216 shares in Q4 2022 to 325,607 shares in Q1 2023, a 5.6% increase, while BND went from 825,118 shares in Q4 2022 to 891,031 shares in Q1 2023, a 8% increase. The value of Symmetry's holdings in VTI and BND also increased, indicating that Symmetry has a bullish outlook on both stocks and bonds for the coming year.

Other notable changes in Symmetry's holdings include reductions in shares of iShares MSCI USA Momentum Factor (MTUM), iShares MSCI EAFE Value (EFV), and Vanguard Value (VTV), and an increase in shares of iShares MSCI USA Quality Factor (QUAL).

In conclusion, Symmetry Partners' Q1 2023 holdings show a number of changes compared to its Q4 2022 holdings. The firm appears to be bullish on international bonds and minimum volatility investing, as evidenced by the increase in shares held in BNDX and USMV. Symmetry also seems to have a positive outlook on stocks and bonds, as reflected in the increases in shares in VTI and BND. As always, it's important to keep an eye on Symmetry Partners' holdings, as they can provide valuable insight into the firm's investment strategies.